Riaz Haq's Blog – January 2023 Archive (5)

India at WEF2023: UP CM Yogi Adityanath Feared Arrest, Canceled Davos Visit

Yogi Adityanath, the radical Hindu Chief Minister of the Indian state of Uttar Pradesh, canceled his plans to lead a delegation to the 2023 World Economic Forum at Davos, Switzerland. The cancellation came after a criminal complaint was filed against the Hindu Nationalist leader who is widely seen as Prime Minister Modi's successor. …

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Added by Riaz Haq on January 29, 2023 at 9:00am — 12 Comments

Pakistan Is Not Collapsing!

Pakistan is currently facing major economic and political crises. These are partly of its own making but mostly the result of external shocks in terms of commodity prices that have exacerbated the nation's balance of payments.  The Pakistani military's unnecessary meddling in politics and resulting political instability have not helped either. The unprecedented floods in the country have further…

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Added by Riaz Haq on January 23, 2023 at 4:30pm — 42 Comments

Is Shahzad Chaudhry Right "On India"?

The Pakistan Air Force's Retired Air Vice Marshal Shahzad Chaudhry has recently penned an op-ed for The Express Tribune newspaper calling on his country to make peace with India. He argues that "India is relevant to the world", implying that Pakistan is not. Chaudhry believes that the "gap between Pakistan and India is now unbridgeable".  Chaudhry concludes his piece with the following…

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Added by Riaz Haq on January 17, 2023 at 4:30pm — 28 Comments

Climate "Loss and Damage": Pakistan Gets Flood Aid Pledges of $10 Billion

Pakistan has received pledges of $10 billion worth of loans and grants to rebuild after devastating floods last year, according to Bloomberg News. The amount pledged exceeds the $8 billion that Pakistan sought at the United Nations Donors Conference that concluded today in Geneva, Switzerland. The massive floods affected 33 million people living on vast swathes of land in rural Sindh and…

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Added by Riaz Haq on January 9, 2023 at 6:00pm — 35 Comments

Digital Pakistan 2022: Broadband Penetration Soars to 90% of 15+ Population

The year 2022 was a very rough year for Pakistan. The nation was hit by devastating floods that badly affected tens of millions of people. Macroeconomic indicators took a nose dive as political instability reached new heights. In the middle of such bad news, Pakistan saw installation of thousands of kilometers of new fiber optic cable, inauguration of a new high bandwidth …

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Added by Riaz Haq on January 1, 2023 at 4:30pm — 163 Comments

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    Blog Posts

    Which Country is a Bigger Beggar? India or Pakistan?

    Most countries in the world today borrow money from various sources to finance their budget deficits. So do India and Pakistan. So why is it that only Pakistan's borrowing money gets labeled "begging"? Is it not begging when India borrows a lot more money than does Pakistan? Or is it that only borrowing money from the IMF qualifies as "begging"? Let's look into this double standard.  Currently, India's public debt to GDP ratio is 80% while Pakistan's is about 74%. India's private debt to GDP…

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    Posted by Riaz Haq on July 22, 2025 at 6:30pm — 1 Comment

    Pakistani International Students Flocking to European Universities

    Recent data shows that there are nearly 10,000 Pakistani students attending colleges and universities in Germany. This figure is second only to the United Kingdom which issued over 35,000 student visas to Pakistanis in 2024. The second most popular destination for Pakistani students is Australia which is hosting nearly 24,000 students from Pakistan as of 2023, according to the ICEF…

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    Posted by Riaz Haq on July 15, 2025 at 9:00am

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